Absorption Report

Atlanta, GA, House

Absorption Report

The absorption rate is essentially the total number of months that it would take to sell all of the current listings in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. A lower absorption rate means that the property will likely take a bit longer to sell, and conversely, a higher number indicates that the property is likely to sell much faster. Both buyers and sellers can use this data to help predict sales activity and home prices for the property in question. For example, if a homeowner lives in a market with an absorption rate of 5-months and is also anxious to sell due to a job transfer, then it might be in his or her best interest to be more aggressive in the listing price.

Seller's
Market		 Balanced
Market		 Buyer's
Market
< 5 months Inventory 5 months Inventory > 5 months Inventory

Houses 21% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
26k-50k 1 1 0.2 0
51k-75k 2 6 1 0.5 2
76k-100k 5 9 3 0.3 3.3
101k-125k 8 29 3 0.6 1.7
126k-150k 21 69 17 0.5 1.8
151k-175k 46 72 10 0.3 3.8
176k-200k 68 92 22 0.2 4.4
201k-225k 78 123 19 0.3 3.8
226k-250k 125 106 15 0.1 7.1
251k-275k 121 124 17 0.2 5.9
276k-300k 157 134 23 0.1 7
301k-325k 94 104 11 0.2 5.4
326k-350k 128 116 27 0.2 6.6
351k-375k 96 92 16 0.2 6.3
376k-400k 125 103 11 0.1 7.3
401k-425k 70 75 10 0.2 5.6
426k-450k 76 81 18 0.2 5.6
451k-475k 51 56 5 0.2 5.5
476k-500k 84 79 8 0.2 6.4
501k-550k 94 137 19 0.2 4.1
551k-600k 96 127 12 0.2 4.5
601k-650k 66 120 18 0.3 3.3
651k-700k 49 134 28 0.5 2.2
701k-750k 41 84 13 0.3 2.9
751k-800k 41 88 21 0.4 2.8
801k-850k 32 73 9 0.4 2.6
851k-900k 39 86 9 0.4 2.7
901k-950k 35 47 1 0.2 4.5
951k-1m 23 44 6 0.3 3.1
1m-1.1m 38 64 8 0.3 3.6
1.1m-1.2m 40 57 8 0.2 4.2
1.2m-1.3m 24 57 8 0.4 2.5
1.3m-1.4m 20 41 12 0.3 2.9
1.4m-1.5m 25 35 4 0.2 4.3
1.5m-1.6m 16 27 4 0.3 3.6
1.6m-1.7m 11 27 7 0.4 2.4
1.7m-1.8m 14 18 4 0.2 4.7
1.8m-1.9m 8 15 2 0.3 3.2
1.9m-2m 18 12 2 0.1 9
2m-2.25m 23 25 1 0.2 5.5
2.25m-2.5m 19 32 6 0.3 3.6
2.5m-2.75m 23 12 3 0.1 11.5
2.75m-3m 17 17 3 0.2 6
3m-3.5m 22 16 1 0.1 8.3
3.5m-4m 20 13 0.1 9.2
4m-4.5m 16 5 2 0.1 19.2
4.5m-5m 11 4 1 0.1 16.5
5.01m-6m 16 8 3 0.1 12
6.01m-7m 2 2 0.2 6
7.01m-8m 1 0
8.01m-9m 4 2 0.7 0
9.01m-10m 3 0
16.01m-17m 1 0
37.01m-38m 1 0